Dossier de presse - #FRANCERELANCE - Business France
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Dossier de presse
Jeudi 3 septembre
September 2020 2020 #FranceRelance
#FRANCERELANCE
1BUILDING THE FRANCE
OF 2030 TODAY
Towards a greener, more competitive,
more inclusive economy
2“France Relance” or “Relaunch France”, France’s • A boost to the equity capital of micro-enterprises,
new economic stimulus plan, was presented by the SMEs and mid-size companies.
French government on September 3, 2020. It will be
implemented as of this year and will extend until •
Support for investment in different regions,
2022. strategic sectors and in the technologies of the
future, including hydrogen, healthcare, industrial
The plan is part of phase three of France’s response inputs, quantum technologies and agri-food.
to the crisis and supplements the urgent economic
measures implemented in March, in addition to the • Provision of “turnkey” sites, allowing new industrial
plans launched since this summer to support the operations to be set up.
most severely affected sectors.
• Government initiatives to support the
With a budget of €100 billion, including €40 billion modernization, digitalization and greening of
in funding from the European Union (from the “Next industrial activities.
Generation EU” Plan), “France Relance” has a clear
strategic objective: to start building the France of Employment is also one of the plan’s key cross-
2030 by transforming the economy, with a focus on cutting priorities, with measures that will enhance
three key areas: the employability of young people entering the
labor market and adapt the skills of employees to
•
Supporting the transition to a greener, more the sectors of the future. Also being rolled out is
sustainable economy: Ecological transition: €30 the long-term partial employment (APLD) scheme,
billion ring-fenced. coupled with a training plan for those who are
temporarily inactive.
•
Creating the most favorable conditions for
companies to grow their business and protect “France Relance” has the potential to create new
jobs: Competitiveness: €34 billion ring-fenced. markets, thanks to the large-scale investments and
government programs being deployed, generating
• Ensuring solidarity between generations, regions a raft of opportunities for businesses to grasp in
and all French citizens: Cohesion: €36 billion ring- these sectors:
fenced.
• €6 billion to transform medical and social care
“France Relance” will enable the country to institutions, restructure healthcare services and
“transform the crisis into an opportunity, by modernize digital tools in the healthcare field.
prioritizing investment in the most promising areas
that will form the economy and jobs of the future” • €6.7 billion to improve energy efficiency, primarily
(Emmanuel Macron, President of France). by upgrading heat insulation in public and private
buildings.
This confirms the French government’s strong
desire to boost the competitiveness of the French • €3.1 billion to develop clean mobility (bicycles,
economy and offer a fertile environment for public transport, clean vehicles, etc.).
innovation, so as to encourage new foreign direct
investment in France. As such, “France Relance” sends an unambiguous
message to foreign investors and their operations
“France Relance” will deliver ambitious government in France: the country welcomes their contribution
investments and tangible measures in support of to its continuing transformation, as embodied by
business, which will be applied immediately or in the ecological transition, the modernization of
the short term: production facilities and technological innovation.
• A more attractive tax policy, with a significant
reduction of €20 billion, from 2021, in the tax
burden placed on the industrial activities of
businesses, together with a corporate tax rate
that has been steadily reduced since 2017 (from
33.33% in 2017, to 28% in 2020, to 25% in 2022)
and a guarantee from the Prime Minister that
there will be no tax rises before the end of the
President’s five-year term.
3T
HIS PRO-BUSINESS STRATEGY WILL CONTINUE TO BE PURSUED
ALONGSIDE THE MAJOR STRUCTURAL REFORMS ALREADY
UNDERTAKEN SINCE THE START OF THE PRESIDENT’S FIVE-YEAR
TERM, WHICH TARGET LABOR LAW FLEXIBILITY AND PREDICTABILITY,
VOCATIONAL TRAINING AND TAX BURDEN REDUCTION.
The reforms implemented prior to the crisis have •
As regards foreign investment, three-quarters
borne fruit: of the projects set to take place in France are
unaffected, with government authorities fully
• In terms of economic growth and employment, mobilized to support the remaining quarter that
France posted a pre-crisis growth rate higher than the crisis has rendered uncertain (source: Business
the eurozone average (+1.5% in 2019, versus +1.3%, France survey).
source: Eurostat), the lowest unemployment rate in
the last 10 years (under 8%) and an unprecedented • The first 24 beneficiaries of the fund to support the
level of job creation (+500,000 jobs in two years). modernization of the aerospace and automotive
sectors were named on September 14, 2020. They
•
In terms of investment attractiveness, France will receive a total of €15 million in subsidies.
became the leading European destination for
international investment projects in 2019 for the • On September 22, 2020, startup Mirakl announced
first time in its history (EY France Attractiveness that it had raised US$300 million through a historic
Survey, 2020), enabling 40,000 jobs to be created Series D funding round, thus joining the circle of
or safeguarded across the country over the course global unicorns and confirming the attractiveness
of the year (Business France Annual Report 2019, of France’s tech ecosystem to international funds.
Foreign investment in France).
• France’s vibrant private equity market (€20.9
• In terms of innovation and talent, by fostering a billion raised in 2019, an increase of 12%, source:
more favorable environment for innovation and France Invest) will enable significant financial
talent training, as highlighted this year by the resources to be mobilized to aid the recovery and
Academic Ranking of World Universities (Shanghai growth of businesses in France over the next five
Ranking), in which France is ranked third in the years.
world with 30 establishments, including five in
the top 100. When the crisis hit, France was more competitive,
innovative and prosperous for international
When it comes to the economic recovery and investors than at any time in its history. The fruit
investor confidence, the initial signs are positive: of the reforms already undertaken, combined with
the widescale measures introduced by “France
•
In August, according to the French National Relance”, will help to reinforce this dynamic in the
Institute for Statistics and Economic Studies long term.
(INSEE), whose analysis is echoed by the Banque
de France, the French economy was operating at
95% of its pre-crisis level.
4BUILDING THE FRANCE
OF 2030 TODAY
BOOSTING BUSINESS COMPETITIVENESS
AND INVESTING IN SKILLS
5T
HE “FRANCE RELANCE” INITIATIVE PAVES THE WAY FOR
TANGIBLE, FAR-REACHING INITIATIVES THAT WILL BENEFIT
BUSINESSES. THE AIM IS TO OFFER THEM AN EVER MORE
COMPETITIVE BUSINESS ENVIRONMENT THAT ENCOURAGES FIRMS
TO SET UP IN FRANCE, WHILE PLACING AN EMPHASIS ON SKILLS
DEVELOPMENT TO TRAIN AND SUPPORT YOUNG PEOPLE AND
EMPLOYEES IN THE STRATEGIC PROFESSIONS OF TOMORROW.
A strategy to enhance the competitiveness of • A €1 billion government guarantee from Bpifrance
businesses based in France to cover financial investments that fall within
the scope of “France Relance” in view of their
1/ Significant and lasting cuts to production taxes, contribution to a sustainable economic recovery.
totaling €20 billion over 2021-2022 (€10 billion/year
from 2021). • Between €10 billion and €20 billion in long-term
participating loans granted by banks to micro-
Which taxes are targeted? enterprises/SMEs and mid-size companies, which
will be covered by a partial government guarantee.
The cuts will include:
How can firms benefit from the measures?
• A 50% reduction in corporate value added tax
(CVAE) and property taxes on industrial sites By contacting Bpifrance and banks.
(built-up property tax and business property tax
(CFE)). Which businesses are eligible?
• A reduction in the capping rate from 3% to 2% Micro-enterprises/SMEs and mid-size companies.
of the regional economic contribution based on
value added. 3/ Supporting exports from France by SMEs and
mid-size companies, to the tune of €247 million.
How can firms benefit from the measures?
What measures will be implemented?
These measures will be included in the 2021 French
government budget bill and will automatically • “Export vouchers”: The government will cover
apply, as of January 1, 2021, to the taxes payable by up to 50% of the cost of attending international
businesses for that year. trade fairs or using export support services.
Which businesses are eligible? • “ VIE vouchers”: The government will contribute
€5,000 to the cost of VIE international internship
All French-based businesses that are liable for the programs.
taxes targeted by the cuts.
• Free, tailored market intelligence for exporters.
2/ A €3 billion boost to the equity capital of micro-
enterprises/SMEs and mid-size companies to How can firms benefit from the measures?
support their growth.
By contacting the France Export Team.
What measures will be implemented?
Two major measures have been rolled out to put
financial savings to use in consolidating the capital
of micro-enterprises/SMEs and mid-size companies:
6A €1 billion action plan to speed up the How can firms benefit from the measures?
establishment or re-establishment of industrial
operations in France By consulting the calls for proposals online.
4/ Support for industrial investment in five strategic Government programs of a structural nature, to
sectors in order to secure value chains, €600 million create an attractive, simplified environment for
over 2020-2022. firms seeking to set up industrial operations
What measures will be implemented? 6/ Rehabilitation by the government of 900 hectares
of industrial brownfield sites and artificialized land,
Subsidies will be granted to successful applicants at a cost of €300 million.
within the context of calls for proposals managed
by the Businesses Directorate (Ministry for the What measures will be implemented?
Economy, Finance and the Recovery) in conjunction
with Bpifrance. The €300 million “Brownfield” fund was created
within the scope of “Relaunch France” to support
• Strategic industries targeted: healthcare, critical and speed up the re-use of artificialized land (900
industrial inputs, electronics, agri-food and hectares). €40 million of the total is managed by
telecommunications. the French Environment and Energy Management
Agency (ADEME). Based on a rationale of
• Other calls for proposals will follow in 2021 and sustainable land planning, the program is geared
2022 to identify future projects that are currently towards facilitating business relocation and will
less mature. smooth the way for operations currently held back
by an excessive financial shortfall. In total, the
Which businesses are eligible? fund should enable approximately 900 hectares of
brownfield land to be rehabilitated at nearly 230
All industrial firms in the sectors in question sites.
may apply. Refer to the selection criteria in the
specifications. How can firms benefit from the measures?
How can firms benefit from the measures? Industrial firms will benefit from this measure as
of 2022, thanks to the availability of new “ready-
The five initial calls for proposals are open until to-use” sites whose decontamination, demolition
November 17, 2020 and requalification will have been financed by
the government and local authorities. A number
5/ Support for industrial investments with a strong of these sites are set to be added to the list of 78
socio-economic impact in France’s regions, €400 “turnkey” sites published in 2020, which are already
million over 2020-2022. available for new industrial activities, or will be very
shortly. In autumn 2020, ADEME launched a call for
What measures will be implemented? expressions of interest in polluted former industrial
sites where the former occupant failed to meet
Subsidies will be granted to the applicants selected their responsibilities.
within the context of calls for proposals issued by
each region. 7/ Modernizing national transport infrastructures
to simplify intermodal transport.
Priority is given to projects in the country’s 148
designated industrial areas. What measures will be implemented?
Which businesses are eligible? Over 2020-2022, the government will fast-track
the projects launched to modernize and improve
All industrial firms can apply. Refer to the selection national transport infrastructures, which will
criteria in the specifications. contribute to the development and economic
7prosperity of businesses and the regions at a How can firms benefit from the measures?
structural level.
Requests must be submitted to the Service and
The funding provided will include €550 million to Payment Agency (a special online platform will be
speed up infrastructure work (excluding rail and available for this purpose as of October 1, 2020).
maritime freight), €4.7 billion for rail transport and
€200 million to reduce the environmental impact Which businesses are eligible?
of ports.
All businesses, regardless of their size.
The planned modernization work (targeting the
rail network, rail freight, maritime ports, the river 9/ Qualification training to develop the skills of
network, digital infrastructures for maritime affairs young people and adapt those of employees to the
and the acceleration of the shift from cars to strategic professions of tomorrow, in conjunction
public transport) will contribute to France’s overall with each sector’s professional bodies.
competitiveness. It will result in smoother logistics,
benefiting all users of the country’s transport What measures are aimed at young people and
networks, as well as businesses operating industrial employees?
sites, storage warehouses and agricultural sites,
whose production or storage facilities will be better Following on from the Skills Investment Plan
served across France. (Plan d’investissement dans les compétences
– PIC) launched in 2018, and in addition to the
Protecting jobs, promoting the recruitment of efforts France has made to simplify the system to
young people and facilitating career changes encourage businesses to invest in the skills of their
employees, new measures are being introduced
8/ Financial incentives to stimulate youth to expand the training France offers to cater for
employment totaling €6.5 billion. strategic professions:
What measures will be implemented? •
Employee personal training accounts (Compte
personnel de formation – CPF) will be topped up
Recruitment bonuses will be introduced to to cover 100% of their out-of-pocket expenses
encourage the recruitment of young people and when they take training relating to a strategic
thus contribute to the government’s objective of sector (i.e. digital, ecological transition, sectors
creating 160,000 jobs in 2021: that face industrial relocation challenges).
• €4,000 for the recruitment of an individual under •
Roll-out of 100,000 qualifying training courses
the age of 26 on a permanent contract or a fixed- for young people who are preparing to enter the
term contract lasting more than three months labor market and 15,000 certification courses to
(the mechanism is applicable on a pro rata basis enhance the digital skills of employees, starting in
according to the duration of the contract and will November 2020 (in conjunction with My Training
be in place until January 31, 2021). Account).
• Between €5,000 and €8,000 for the recruitment •
Roll-out of digital platforms by training
of an apprentice or a student on a work-study organizations and provision by the government
program (measure in place until February 28, 2021) of free digital learning content to modernize
and extend access to continuing professional
development.
810/ Easier passage between private and public the existing system, in addition to the creation of a
research, thanks to €300 million in funding. new mechanism to offer greater predictability and
flexibility to employers and employees affected by
What measures will be implemented? a decline in business:
In order to retain R&D skills that are not immediately •
The statutory short-time working scheme
productive but are of strategic importance for (Dispositif d’activité partielle de droit commun –
business innovation and competitiveness, specific APDC), catering for the need for firms to adjust
mechanisms are being launched: their level of activity on an occasional basis: three
months, renewable once, during which (1) the
•
Private businesses can make their R&D staff employee receives an allowance for hours not
available to a state-funded laboratory for up to worked equivalent to 60% of their gross salary
24 months, with 80% of their salary paid by the and (2) the employer receives a government
government. allowance covering 36% of the gross salary (up to
a maximum of 4.5 times the statutory national
•
Young graduates working for a state-funded minimum wage) – effective as of November 1,
laboratory can be made available to private 2020.
businesses, with 80% of their salary paid by the
government. •
The long-term short-time working scheme
(Dispositif d’activité partielle de longue durée –
• Post-doctorates funded by the government to the APLD), when business is slow for longer periods:
tune of 80%, on condition that they fall within the the employer can reduce working hours by 40 to
scope of collaboration between a business and a 50%, for a period of up to 24 months (consecutive
public laboratory. or non-consecutive) and over a total period of
36 consecutive months, during which (1) the
How can firms benefit from the measures? employee receives an allowance for hours not
worked equivalent to 70% of the gross salary
These mechanisms will be put in place by the end and (2) the employer receives a government
of the year. The practicalities remain to be defined. allowance covering 56% of the gross salary (up to
a maximum of 4.5 times the statutory national
Which businesses are eligible? minimum wage).
SMEs and mid-size companies will take priority. The How can firms benefit from the measures?
measures are designed to support approximately
2,500 individuals/year, including 1,400 private- By applying online
sector employees.
Which businesses are eligible?
11/ More flexibility to preserve jobs and the long-
term future of firms in the event that business All businesses, regardless of their size, when they
slows down. can prove that they are experiencing a temporary
or sustained downturn in business due to the
What measures will be implemented? health crisis. The APLD can only be accessed if a
collective agreement is in place (covering a site, a
Following on from the structural changes made to business, a group or a sector as a whole). Employers
the short-time working scheme launched by the are also required to make commitments to
government to protect jobs during the public health government authorities regarding job preservation
emergency, fresh adjustments have been made to and professional development.
9BUILDING THE FRANCE
OF 2030 TODAY
BOOSTING INNOVATION,
SUPPORTING FUTURE AND GREEN
TECHNOLOGY SECTORS
10F
RANCE RELANCE” MARKS THE LAUNCH OF STRUCTURAL
MEASURES TO TRANSFORM THE FRENCH ECONOMY BY
PLACING INNOVATION IN ALL ITS FORMS AT THE HEART OF ITS
RECOVERY, THROUGH WIDESCALE INVESTMENT IN THE SECTORS
WITH THE BRIGHTEST FUTURE. THE STIMULUS PLAN POSITIONS THE
DIGITAL ECONOMY AND THE ENVIRONMENT AS TWO KEY DRIVERS
OF THIS TRANSFORMATION. DIGITALIZING PRIVATE AND PUBLIC
ECOSYSTEMS, GREENING INDUSTRIAL PROCESSES AND CLEAN
MOBILITY ARE JUST THREE OF THE AREAS OFFERING MODERNIZATION
AND DEVELOPMENT OPPORTUNITIES FOR BUSINESSES OPERATING
IN FRANCE.
Widescale investment in the technologies of the Project selection and funding will take place
future to enhance the agility and competitiveness primarily through calls for proposals issued on an
of the French economy in the eyes of businesses ad hoc basis.
and researchers alike
Which businesses are eligible?
1/ Launch of the 4th National Investment Program.
Eligibility and selection criteria will be set out in
What measures will be implemented? specifications that are currently being drafted.
Launched 10 years ago, the National Investment Offering an environment conducive to business
Program (Programme d’investissements d’avenir modernization and development
– PIA) funds the entire innovation life cycle,
supporting innovative products and services 2/ Increased government support (€400 million)
from testing to market launch. The 4th National for the widescale digitalization of the production
Investment Program, whose target budget is €20 ecosystem.
billion over five years, will invest €11 billion by 2022
within the scope of “Relaunch France”, with a focus What measures will be implemented?
on two key structural areas:
To help businesses in France move upmarket and
•
Funding for standout investments in sectors become more competitive, three measures are
and technologies of strategic importance for being launched:
competitiveness, the ecological transition
and resilience. Target sectors include digital •
Auditing and support for SMEs/mid-size
technologies (cloud computing, quantum companies, enabling them to implement artificial
technologies, cybersecurity, artificial intelligence, intelligence solutions to modernize production
EdTechs, etc.), healthcare (digital healthcare and facilities via the “Artificial Intelligence Booster”
bioproduction of innovative therapies) and the mechanism.
space industry.
•
Financial support (in the form of subsidies) for
• Funding for higher education, research and industrial firms that invest in the technologies
innovation ecosystems based on a structural of the future (e.g. robotization tools, additive
and predictable approach, so as to speed up manufacturing and modernization of production
the transfer of technologies from the academic facilities).
sphere to the world of business.
•
Supporting micro-enterprises and SMEs to
How can firms benefit from the measures? familiarize them with digitalization, via France
Num.
11How can firms benefit from the measures? Managing the transition to a more modern, more
sustainable and greener economy, while positioning
Support schemes: France Num; Subsidies for France at the forefront of new green technologies
industrial firms.
5/ Supporting the decarbonization of industry,
Which businesses are eligible? a key medium-term performance driver, with a
budget of €1.2 billion.
All micro-enterprises, SMEs and mid-size companies
wishing to embrace the digitalization processes set What measures will be implemented?
up by “France Relance”.
• Financial support to boost energy efficiency and
3/ Speeding up the digital transformation of the adapt industrial processes:
government and the country’s regions.
The funding will take the form of subsidies for
A budget of €1.5 billion will be made available applicants selected through the calls for proposals
between now and 2022 to fund government and managed by the French Environment and Energy
local authority digital transformation projects. Management Agency (ADEME). These will be paid
These will serve to improve public services and over the closing months of 2020 and throughout
the administrative environment inhabited by 2021 and 2022.
businesses and citizens (e.g. through increased
digitalization of public services). The goal is to support the sectors and sites
identified as producing the most emissions (e.g.
4/ Supporting startups that develop disruptive cement works, metallurgy). For projects involving
technologies, with funding of €2.2 billion. an investment of more than €3 million, calls for
proposals are issued by ADEME. For smaller projects,
What measures will be implemented? “over-the-counter” support will be provided by the
Service and Payment Agency (ASP), based on a list
“France Relance” embodies the government’s deep of eligible facilities.
commitment to the development of disruptive
digital technologies (e.g. artificial intelligence, • Long-term support for projects set up to produce
cloud and quantum computing) by providing €500 “low-carbon” heat will target both investment in
million in financial support, between now and 2022, facilities and their operation, so as to offset the
to startups that have picked up this challenge. It total cost differential between heat production
will do so through various mechanisms: from biomass or solid recovered fuels and the
alternative fossil fuel-based solution, over a period
• Support in the form of equity capital. of several years. This measure will be implemented
through a series of calls for proposals issued by
• Acquisition of stakes in startups. ADEME.
• Contributions to investment funds. How can firms benefit from the measures?
How can firms benefit from the measures? By consulting the specifications of calls for
proposals, which will be published here as and
By contacting Bpifrance. Specific plans for priority when the calls are issued. The scheme will seek
technologies will be unveiled in the coming weeks. to encourage projects that lead to greater energy
efficiency, introduce processes more closely
12tailored to such requirements or reduce CO2 This component of the stimulus plan will receive
emissions at a lower cost to the public purse. €7 billion in investment between now and 2030,
including €2 billion by 2022. The loans initially
Which businesses are eligible? granted as part of the stimulus plan will later
be supplemented by the National Investment
All industrial firms operating in France whose Program.
processes rely on the use of fossil fuels and which
are keen to move towards low-carbon production This will be three parts to this strategy:
methods.
• Direct support for corporate projects, to enable
6/ Helping to update and develop the agricultural French businesses to offer a range of hydrogen
equipment needed to drive the agri-ecological solutions.
transition and adapt to climate change.
•
Creation of a mechanism to support water
What measures will be implemented? electrolysis hydrogen production through calls for
tender and production subsidies.
The measure has a budget of €250 million,
supplemented by National Investment Program 4 •
Launch of an Important Project of Common
(PIA4), and breaks down into three components: European Interest (IPCEI) recognized by the
European Commission, thus making it eligible for
• A conversion bonus for agricultural equipment, government funding. Its purpose will be to support
enabling farmers to invest in more resource- the industrial deployment of these technologies
efficient tools and harness innovation to reduce across the country and the development of
the use of phytosanitary products. demonstrators.
• Financial support for businesses that design and How can firms benefit from the measures?
manufacture agricultural equipment, to promote
innovation and the modification of equipment ADEME and Bpifrance will be the designated
for new uses. points of contact for project sponsors interested in
supporting these initiatives, which can take various
• Support for investments to improve resilience in forms: calls for proposals, subsidies, subsidized
the face of climate hazards (equipment, resource loans, refundable advances and venture capital.
management). The current timetable is as follows:
How can firms benefit from the measures? Actions planned for 2020:
The scheme is set to be launched on January 1, 2021. •
A n ADEME call for proposals for a “Regional
Applications for funding will need to be submitted Hydrogen Hub” to enable the deployment
to the Ministry for Agriculture and Food. of large-scale regional ecosystems (consortia
comprising local authorities and industrial
7/ Supporting the growth of the highly strategic solutions providers). It will receive funding of €275
green hydrogen sector in France. million between now and 2023.
What measures will be implemented? • A call for proposals focusing on “Technological
building blocks and demonstrators”, to develop or
13improve the components and systems used in the Which businesses are eligible?
production and transportation of hydrogen and
in its applications (transport, energy production). All micro-enterprises, SMEs and mid-size companies
It will also provide support to French-based that operate in France and are keen to contribute
demonstrator projects that include a strong to the development of a green hydrogen sector in
value-creation component and boost the sector’s the country.
ability to develop new solutions and develop
structurally. The initiative will receive funding of 8/ Promoting the circular economy and short
€350 million until 2023. supply chains through reuse and recycling.
•
The National Investment Program’s equity What measures will be implemented?
investment schemes will be harnessed to
fund businesses that require support for the There are four components to this initiative:
development of innovative technologies
(Eco-Technology Fund), for industrial deployments • Supporting re-use and activities that help reduce
through the Corporate Fund for Industrial Projects the use of plastics, particularly single-use plastics:
(Fonds des sociétés de projets industriels – SPI) support for businesses, development of logistics
or for pioneering market launches in the energy infrastructures and washing plants, support for
infrastructure field (ADEME Investments). the acquisition of alternative equipment in mass
catering, etc.
In 2021:
• Financial support for plastic recycling: financial
•
Development of an Important Project of support for feasibility studies and trials geared
Common European Interest (IPCEI) in the field towards the use of recycled plastics, financial
of hydrogen. The project’s scope will include support to help businesses invest in modifications
support for the development and industrial to their equipment to allow more recycled plastics
launch of electrolyzers to produce decarbonized to be incorporated into products, as well as
hydrogen, but also for the deployment of these support for the acquisition of equipment allowing
solutions across industry. It will also offer backing the use of alternatives to plastics.
to electrolyzer “gigafactory” projects in France,
as well as to the industrial deployment of other • Support for the modernization of waste sorting
technological building blocks (fuel cells, tanks, centers and biowaste recovery facilities. This
materials, etc.), so as to incorporate them into the support will take the form of specific funding for
wider European value chain. France will provide a local authorities, as well as investment support
one-off €1.5 billion financial contribution to this for facilities that produce energy from solid
initiative. recovered fuels (SRF).
•
A call for expressions of interest within the • Support for the modernization of waste sorting
framework of the “Hydrogen Applications” centers, recycling plants and waste recovery
Priority Research Program. Overseen by the systems.
National Research Agency, this Priority Research
Program will support upstream research and The funding needed for these measures will be
lay the foundations for the next generation of provided by supplementary contributions from the
hydrogen technologies (batteries, tanks, materials, ADEME “Circular Economy” fund over 2020-2022,
electrolyzers, etc.). It will contribute to boosting i.e. an additional €226 million for the first three
French excellence in hydrogen research and will components and €274 million for the fourth.
be funded to the tune of €65 million.
How can firms benefit from the measures?
In 2022:
Businesses wishing to modify their industrial
• A call for tenders within the scope of the support processes will be offered financial support from the
mechanism for the production of decarbonized “Circular Economy” fund, either via an “over-the-
hydrogen, which is based on production subsidies. counter” approach or through calls for proposals
14issued by ADEME and/or Bpifrance. 10/ An ambitious energy renovation program for
public and private buildings
An unprecedented financial development plan to
speed up modernized transport infrastructures, What measures will be implemented?
promote green mobility and support building
energy renovation. €6 billion will be allocated to the energy renovation
of public and private buildings.
9/ Developing and promoting clean daily mobility
€2 billion will be devoted to encouraging the energy
What measures will be implemented? renovation of private buildings by households.
Spread over 2021 and 2022, this funding will serve
• The stimulus plan sets aside €1.2 billion to improve to amplify and improve the results obtained by
public transport and develop a cycling plan. existing support mechanisms for energy renovation
This may be supplemented by funding provided (including “MaPrimeRénov’”). All of these measures
under the European “REACT EU” program, in will be implemented by early 2021.
addition to the funds allocated to support local
investment. This investment will serve to ramp The government will invest €4 billion in the energy
up the expansion of the cycle lane network at an renovation of public buildings (government
unprecedented pace and to develop day-to-day buildings, higher education and research buildings,
rail travel in the most densely populated towns local authority buildings, etc.), targeting an
and cities by improving service frequency, estimated 15 million square meters of floor space.
capacity and price integration for users, while also This rehabilitation will cover works categorized as
developing new public transport services in urban major building maintenance or building systems
areas (buses, RERs, metro, trams). All of these upgrades (e.g. structural insulation), in addition to
projects will be launched over 2020-2022 and will large real estate projects that go beyond energy
come on stream between 2021 and 2023/2024. renovation.
• The scheme to promote the purchase of clean How can one benefit from the measures?
vehicles will receive €1.9 billion in financial support
between 2020 and 2022. This support will include All the measures offering incentives to private
a conversion bonus for the replacement of light individuals will be implemented by early 2021.
vehicles, financing or co-financing to speed up
the deployment of electric vehicle charging Calls for proposals will be launched for public
stations, and a conversion or acquisition bonus buildings (at national level or by Préfectures at local
targeted at electric or hydrogen-powered heavy level).
goods vehicles.
Which businesses are eligible?
How can one benefit from the measures?
All businesses and tradespeople operating in the
In respect of public transport and the cycling plan, construction sector will be able to take advantage
projects will be put forward by local authorities of the contracts awarded in relation to this funding.
and selected through calls for proposals. In Ile de
France (Paris region), projects will be accelerated
within the framework of the agreement set up
between the government and the region.
Useful links for more information:
Conversion bonuses and the automotive bonus France Relance – Press kit (in French) (source:
came into force in June and August 2020, following Government)
the publication of the support plan for the France Relance – Full document (in French)
(source: Government)
automotive sector.
Mechanisms for industrial firms (in French)
(source: Ministry for the Economy, Finance and
the Recovery)
Next Generation EU (source: European
Commission)
investinfrance.fr
15Conception et réalisation
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